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Luis Antonio
Señor Luís is 46 years old, a resident of the neighborhood Laureles Norte of the capital of Managua. He has two sons, of 12 and 19 years of age. He is married to his wife, who is the one who works in the shop. The plans that he has for his family are to improve the living conditions and to prepare his children for a profession. Don Luís has had the shop for four years and started it with his own resources by his work. In the economic field, he wants to increase the sales of new products preferred by his clients. Thanks to the loans from Afrodenic, he will meet the economic plans in the purchase of products such as grains, vegetables, fruits, cosmetics, and varieties to grow his revenue.
View original language description ↓
El Sr. Luís tiene 46 años de edad, habitante de barrio Laureles Norte de la capital de Managua, tiene dos hijos de 12 y 19 años de edad, casado su esposa es la que atiende la pulpería. Los planes que tiene para su familia es mejorar las condiciones de vida y que sus hijos se preparen con una profesión .Don Luís posee una pulpería desde hace cuatro años de edad, el inicio con recursos propios generado por el trabajo que poseía. En el ámbito económico es aumentar las ventas con nuevos productos que nuestros clientes van a preferir. Gracias a los préstamos de Afodenic cumplirá los planes económicos en la compra de productos como: granos básicos, verduras, frutas, cosméticos y variedades aumentando sus ingresos.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Nicaragua

  • $3,636
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Luis Antonio to purchase basic grains, fruits, and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009